Advance Petrochemicals Ltd

Clarification on price movement

• Company discloses full compliance under Regulation 30 of SEBI LODR.
• Price movement described as market-driven and not connected to management.
• Reiterates commitment to Listing Regulations and applicable laws.
• Dated 22 August 2026; signed by MD Pulkit Goenka.
• No material information is withheld.

Resigning directors

• Akshat Arunbhai Shukla — Non-Executive Independent Director; resignation effective 11 August 2026.
• Arvind Vishwanath Goenka — Non-Executive Director; resignation effective 11 August 2026.
• Goenka resigned due to mutual exit with the company and other projects.

Board and committee changes

• Casual vacancy created on the Board due to resignations.
• Priyank Parikh appointed as Additional Non-Executive Independent Director from 11 Aug 2026.
• Audit Committee reconstituted: Priyank Parikh (Chairman); Harshil Vadodariya (Member); Aanchal Arvind Goenka (Member).
• Stakeholders Relationship Committee reconstituted: Aanchal Arvind Goenka (Chairman); Priyank Parikh (Member); Harshil Vadodariya (Member).
• Nomination & Remuneration Committee reconstituted: Priyank Parikh (Chairman); Harshil Vadodariya (Member); Aanchal Arvind Goenka (Member).

Other disclosures

• No other listed-directorships or committee memberships disclosed for resigning directors.
• Parikh's appointment is subject to shareholder approval at the forthcoming AGM.

Financial results and governance approvals

• Standalone unaudited financial results for quarter ended 30 June 2026; Limited Review Report enclosed.
• Approved Notice convening the Annual General Meeting.
• Approved Draft Directors' Report for FY 2025-26.
• Re-appointed Tibrewal Bhagat & Associates as Internal Auditor for FY 2026-27.
• Appointed Patawari & Associates as Scrutinizer for remote e-voting and AGM.
• Audit Committee reviewed results; statutory auditors issued an unqualified limited-review opinion.

Directors and governance changes

• Appointed Priyank Parikh as Additional Non-Executive Independent Director for 5 years from 11 Aug 2026, subject to AGM.
• Resignation of Akshat Arunbhai Shukla as Non-Executive Independent Director effective 11 August 2026.
• Resignation of Arvind Vishwanath Goenka as Non-Executive Director effective 11 August 2026.
• Audit Committee reconstituted: Parikh (Chairman) and Aanchal Goenka joined; Harshil Vadodariya as Member.
• Stakeholders Relationship Committee reconstituted: Aanchal Goenka (Chairman); Parikh and Vadodariya as Members.
• Nomination & Remuneration Committee reconstituted: Parikh (Chairman); Harshil Vadodariya; Aanchal Goenka as Members.

Other governance actions and disclosures

• Noted the resignations of Shukla and Goenka with immediate effect.
• Regulatory disclosures under SEBI LODR Regulation 30 reflected in accompanying Annexures.

Processing and listing status

• Securities dematerialisation requests up to 30 June 2026 were confirmed (accepted/rejected) to the depositories.
• Dematerialised securities have been listed on the stock exchange where the existing issues are listed.
• Physical dematerialisation certificates were mutilated/cancelled; the depository's name substituted as registered owner within the prescribed timeline.

FY26 standalone results

• 📊 Revenue from operations rose to Rs 574.20 lakh in Q4 FY26 from Rs 126.53 lakh a year earlier.
• 📊 Total income increased to Rs 576.53 lakh in Q4 FY26 from Rs 129.01 lakh.
• 📊 FY26 revenue from operations was Rs 4,503.39 lakh versus Rs 4,503.39 lakh in FY25.
• 📊 FY26 total income was Rs 4,508.58 lakh versus Rs 4,508.58 lakh in FY25.
• 📊 Profit before tax was Rs 18.93 lakh in FY26 versus Rs 47.51 lakh in FY25.
• 📊 Profit after tax was Rs 12.53 lakh in FY26 versus Rs 30.22 lakh in FY25.
• 📊 Q4 FY26 PAT was Rs 7.34 lakh versus a loss of Rs 0.45 lakh last year.
• 📊 Basic and diluted EPS were Rs 0.14 for FY26 and Rs 0.08 for Q4 FY26.
• 📊 Other expenses fell to Rs 71.05 lakh in FY26 from Rs 220.22 lakh in FY25.
• 📊 Finance costs increased to Rs 102.25 lakh in FY26 from Rs 85.24 lakh in FY25.

Balance sheet and cash flow

• 📊 Total assets rose to Rs 3,164.13 lakh at 31 March 2026 from Rs 2,530.50 lakh.
• 📊 Inventories increased to Rs 933.50 lakh from Rs 586.41 lakh.
• 📊 Trade receivables increased to Rs 1,154.69 lakh from Rs 967.23 lakh.
• 📊 Borrowings rose to Rs 1,414.75 lakh from Rs 1,084.70 lakh.
• 📊 Cash and cash equivalents increased to Rs 74.25 lakh from Rs 69.47 lakh.
• 📊 Operating cash flow was Rs 299.13 lakh in FY26 versus Rs 210.51 lakh in FY25.
• 🧱 Capex on fixed assets was Rs 199.87 lakh in FY26 versus Rs 250.05 lakh in FY25.

Audit and board outcome

• 📍 Board approved audited standalone financial results for quarter and year ended 31 March 2026.
• 📍 Statutory auditors issued an unmodified opinion on the standalone financial results.
• 📍 The company reported a single reportable business segment.

Business model

• 🗒️ Advance Petrochemicals operates in a single reportable business segment.
• 🗒️ The filing covers standalone audited quarterly and annual financial results.

🗓️ Meeting Details

• Board meeting scheduled for February 13, 2026, at 4:00 p.m. at the registered office.

📊 Financial Results

• Approval of unaudited standalone financial results for Q3 and nine months ended December 31, 2025.